Baoshan Iron and Steel Co., Ltd.: Approved by the China Securities Regulatory Commission to publicly issue corporate bonds to professional investors.

Baosteel Group announced that on September 9, the company received approval from the China Securities Regulatory Commission regarding the registration of Baoshan Iron and Steel Corporation Limited to publicly issue corporate bonds to professional investors. The CSRC approved the company's registration application to publicly issue corporate bonds with a total face value not exceeding 20 billion RMB to professional investors. This approval is valid for 24 months from the date of registration approval, and the company can issue corporate bonds in installments during the registration validity period. The company will actively promote related work and fulfill its disclosure obligations in a timely manner.